DEEKOP

DEEKOP Updated 

Looking at H1, we see that the price breaking the 2382.5 zone has confirmed that the price is in the purple wave C - From the peak of 2433 to the bottom of 2353, we see a small 5-wave structure has been completed and now we see that the bullish recovery wave is continuing, we expect a corrective wave - The target of the rebound wave I measured at the price zone...

DEEKOP

Yesterday I gave you a plan to sell at 2431 - 2434, we filled TP3 with a profit of 600 pips. - Today the price has dropped to the 2370 price range, surpassing the 2382 price range, so the purple wave C in the purple ABC correction wave has been confirmed. - Looking at the sharp decline in price moving quickly and sharply, we expect this to be wave 3 in a series...

DEEKOP

As in the previous day's forecast, after the 5-wave trend is the ABC correction wave - Looking at H1 we can label wave a and wave b as shown on the chart. Currently, we expect wave C to complete so we can enter orders - Wave C target we measure 2 targets: price range 2420 and price range 2433. - After completing the next abc correction, it will be a 5-wave...

DEEKOP Updated 

Looking at the H1 chart, we have a completed 5-wave bearish pattern - The target of wave 5 has been achieved near the price range of 2382 that I predicted yesterday - After completing the next wave 5, there will be 2 cases, the first case is that the price continues the 5-wave impulse wave pattern. The second case is the abc bullish correction pattern. -...

DEEKOP Updated 

The information that President Biden withdrew from running due to his health further confirmed Trump's high chance of winning the election. This information immediately caused XAU to gap up on Monday morning Looking at H1 we see a sharp sharp decline, this is the ongoing wave 3. - At the price range of 2394, we have a strong rebound. From this rebound we expect...

DEEKOP

Continue with the previous day's plan - Looking at H1, we have black wave 5 which is an expanding wave. - In the black wave 5, there is a yellow 5-wave structure and now we have a yellow 4 wave that may have completed. - From the measured targets for the end of wave 5 of the plans in recent days, we will have the first target at the round number area of ​​2500 -...

DEEKOP

The information we received is that Mr. Trump's brother is officially named as the Republican candidate. The fact that Mr. Trump is a bright candidate for the United States is creating conditions for XAU to increase in price because of its policies. In the past, he advocated for reducing interest rates to focus on economic growth. The information released from...

DEEKOP Updated 

Looking at D1, we see that the adjustment process has reached the end of the period - Unlike impulse waves, corrective waves take a long time and often have complex patterns that are difficult to predict. - Looking at the current model, I am leaning towards the complex triangle correction model with ABCDE structure in Elliot - The beauty of Elliot is that there...

DEEKOP

The failed assassination of presidential candidate Trump increasingly increased his odds of winning the election as well as helping the Republican party hold a large number of seats in the parliament. If the Republican Party prevails in the election, This will promote a reduction in USD interest rates. This is also the reason why XAU has increased in recent...

DEEKOP Updated 

Looking at h1 yesterday, we continued to successfully predict the direction of price movement - Currently, the price is approaching the target area of ​​wave C. As I said yesterday, we need data from waves A and B to be completed to determine the target of wave C. - Currently, I measure the target of wave C located at 2 price areas 2355 and 2346 price areas. These...

DEEKOP Updated 

Nonfarm news last weekend with lower employment data than the previous period caused gold to have a strong increase in price to 2392.2, this price increase may need to continue a correction of wave 4 before completing wave 5. final increase. Looking at H1 we see Black wave 5 has exceeded our measured target and approached the 2392 area. - So the next 5 waves...

DEEKOP Updated 

Yesterday was Bank Holiday, so low market liquidity led to gold prices sideways in a narrow fluctuation range. The price targets have not changed from the previous plan, the only difference is that the price has touched the demand zone that we have identified and turned up. This suggests that wave 4 may have completed and The price will continue to increase,...

DEEKOP Updated 

We expected a shakeout to enter the line but the price did not create this spring and completed the Flat correction pattern with wave c equal to wave a. Then the price increased sharply to the 2365 area - The completion of wave c means that wave 2 has also completed. Now the price enters wave 3 - The target of wave 3 is at least fibo 1.618% of purple wave 1, so we...

DEEKOP

Looking at H1, we see that the price continues to sideways in a tradingrank. As I said, this is a correction wave. During the adjustment process, the price will move very complicatedly. - Looking at H1, we see that the price creates gradually lower peaks and especially the demand zone created by the bottom of wave 4 at the price range 2319 has been approached...

DEEKOP

Looking at H1, we see that the price is having a recovery to the 2334 area. Looking at the recovery candles, we see that these are short-bodied candles, which proves that the price momentum is weak and will not make the price go far. Okay - Looking at the overall price correction, the price is in a Flat correction model. With this model, we continue to expect the...

DEEKOP Updated 

Last week we saw that from H1, the price completed a 5-wave pattern. According to the Elliot principle, this could be wave A or impulse wave 1 - Whether it is a wave A pattern or a complete wave 1 pattern, the 5-wave pattern is always followed by a correction wave - We expect the abc corrective wave pattern to find a trading setup when wave c completes - As...

DEEKOP Updated 

Yesterday we had a price increase in the 2295 area. As I said, if in this zone the price increases beyond 2316.8, we have to count the waves again - We are still in a downtrend and this increase is just a recovery - The new wave counting process is denoted as on the graph. The price decline ended at 2295, wave 5 has completed and next we have the ABC correction...

DEEKOP Updated 

The price has approached the 2295 zone and is currently recovering very weakly in this zone. - There is a high possibility that the price will continue to break this zone and drop to the 2287 zone. + At area 2287, if the price breaks out below this area, the price will continue to complete the target of wave 5 at price area 2256 or 2210. + If the price continues...